Beruflich Dokumente
Kultur Dokumente
Document Control
Document Information
Document Id
Document Owner
Issue Date
Last Saved Date
File Name
Information
[Document Management System #]
[Owner Name]
[Date]
[Date]
[Name]
Document History
Version
[1.0]
Issue Date
[Date]
Changes
[Section, Page(s) and Text Revised]
Document Approvals
Role
Project Sponsor
Name
Signature
Date
Quality Manager
(if applicable)
Procurement Manager
(if applicable)
Communications Manager
(if applicable)
Project Office Manager
(if applicable)
Table of Contents
TEMPLATE GUIDE....................................................................................1
1
EXECUTIVE SUMMARY.........................................................................2
PROBLEM STATEMENT........................................................................2
2.1
2.2
REQUIREMENTS STATEMENT.................................................................4
3.1
3.2
BUSINESS ENVIRONMENT..........................................................................................................2
BUSINESS PROBLEM................................................................................................................ 3
BUSINESS DRIVERS................................................................................................................. 4
BUSINESS REQUIREMENTS........................................................................................................ 4
FEASIBILITY ASSESSMENT....................................................................4
4.1
OPTION 1 [OPTION NAME].....................................................................................................6
4.1.1 Description.................................................................................................................. 6
4.1.2 Assessment................................................................................................................. 6
4.1.3 Results......................................................................................................................... 6
4.1.4 Risks............................................................................................................................ 7
4.1.5 Issues.......................................................................................................................... 7
4.1.6 Assumptions................................................................................................................ 8
4.2
OPTION 2 [OPTION NAME].....................................................................................................8
4.2.1 Description.................................................................................................................. 8
4.2.2 Assessment................................................................................................................. 8
4.2.3 Results......................................................................................................................... 8
4.2.4 Risks............................................................................................................................ 8
4.2.5 Issues.......................................................................................................................... 8
4.2.6 Assumptions................................................................................................................ 8
4.3
OPTION 3 [OPTION NAME].....................................................................................................8
4.3.1 Description.................................................................................................................. 8
4.3.2 Assessment................................................................................................................. 8
4.3.3 Results......................................................................................................................... 8
4.3.4 Risks............................................................................................................................ 8
4.3.5 Issues.......................................................................................................................... 8
4.3.6 Assumptions................................................................................................................ 8
FEASIBILITY RANKING.........................................................................9
5.1
5.2
RANKING CRITERIA..................................................................................................................9
RANKING SCORES................................................................................................................... 9
FEASIBILITY RESULT...........................................................................9
APPENDIX.......................................................................................9
7.1
SUPPORTING DOCUMENTATION.................................................................................................. 9
Template Guide
What is a Feasibility Study?
A Feasibility Study is a document which identifies each of the solution options available and
rates the likelihood of each option achieving the desired result. It includes:
1 Executive Summary
Summarise each of the sections in this document into short concise points by outlining the:
Problem or opportunity
Project requirements
Feasibility assessment results
Overall outcome.
2 Problem Statement
2.1 Business Environment
Describe the business environment which contains the business problem (or opportunity), as
follows:
External Analysis
Outline the external environment within which the business operates by defining the:
Business Vision
Outline the business vision, strategy or objectives for the short, medium and long term.
Business Units
List each of the current business units (eg Finance Department) relevant to this project.
Depict the business units within an Organisation Chart to highlight business reporting and
internal communication lines.
Business Locations
Document the physical location (i.e. street address) of each business unit relevant to this
project. If necessary, depict business locations within a Geographical Map to highlight the
physical placement of each business unit.
Business Information
Identify the major types of business information (i.e. summarised data) utilised. List the
repositories which retain the information listed (e.g. financial database). Depict the
information and source repositories within a Data Flow Diagram.
Business Technologies
List each of the current business technologies (e.g. IBM Mainframe) relevant to this project.
Provide a description for each major technology. Depict all business technologies within a
Technology Architecture Diagram to highlight the interfaces between current business
technologies.
Business Processes
List each of the current business processes relevant to this project. Provide a description for
each major business process. Depict all business processes within a Process Flow Diagram
to highlight the flow of processes (e.g. payments process).
2003 Method123 Ltd. All rights reserved.
Business Process
o efficiency, timeliness, ownership
o clarity, accuracy, relevancy.
Business Unit
o definition (lack of vision, scope, objectives)
o direction (misalignment with corporate vision)
o structure (inefficient / inappropriate structure)
o size (too large / too small) and makeup (skills, experience)
o performance (product / service quality)
o data (quality).
Business Location
o security (exposure, risks)
o relevancy (does not fit corporate image)
o finances (too expensive)
o physical appearance (deterioration).
Business Technology
o reliability, scalability, and performance
o relevancy (i.e. fit to business objectives).
Business Opportunity
Describe the opportunity which has been identified, including:
3 Requirements Statement
3.1 Business Drivers
List the key business drivers for this project. Examples include:
Description
Requirement
Description
4 Feasibility Assessment
This section assesses and identifies each of the solutions options available and the
feasibility (or likelihood) of each option meeting the requirements defined above. It also
describes the risks, issues and assumptions associated with the feasibility of each option.
The typical process for assessing the feasibility of an individual solution is depicted by the
following diagram:
Undertake the above process to identify the potential solution options and their level of
feasibility. Once the process is complete, document the result as follows:
Aeroplane
Description
Carries
passengers
to/from
destination
CrewOnboard
Pilot,
Airhosts/
hostesses
CrewOnground
Admin,
Check-in
counter,
cleaning
staff
Workforce
Maintenance
of plane
A list of the components which make up the solution --- Aeroplane, Crew-onboard, Crewground, Workforce,
A description of the purpose of each component identified --- Aeroplane: Carries
passengers to destination.
Crew-Onboard: Pilot, Airhosts/Hostesses
Crew-Onground: Admin, Check-in counter, Cleaning staff
Workforce: Maintenance of plane(Engineers/technicians)
An explanation of how this particular component addresses the key business
requirements identified above ---- Aeroplane: Key business requirement-main
asset(flight)
Assessment
Outline the methods utilised to assess the feasibility of the solution. For example:
In some cases it may not be practical to undertake formal methods for the assessment of
feasibility. Careful consideration and a best guess may be the only method available.
Distance from Cape Town International Airport to Goerge Bush Intercontinental airport is
approximately 13900 kilometres. Thus an airbus that can cover such a distance is needed,
Results
Describe the overall result of the assessment by:
Risks
List the apparent risks associated with the implementation of this solution. Risks are defined
as any event which may adversely affect the ability of the solution to produce the required
deliverables. Risks may be Strategic, Environmental, Financial, Operational, Technical,
Industrial, Competitive or Customer related. Complete the following table:
Description
Likelihood
Impact
Mitigating Actions
Inability to recruit
skilled resource
Low
Very High
Technology
solution is unable
to deliver required
results
Medium
High
Additional capital
expenditure may
be required in
addition to that
approved
Medium
Medium
Priority
Resolution Actions
High
Medium
Low
Assumptions
List the assumptions associated with the adoption of this solution. For example:
There will be no legislative, business strategy or policy changes during this project
Prices of raw materials will not increase during the course of the project
Additional human resources will be available from the business to support the project.
5 Feasibility Ranking
5.1 Ranking Criteria
List the criteria used to rank the options identified and describe the scoring / weighting
mechanism used to produce an overall result.
Score
Option 2
Weight
Total
Score
Weight
Option 3
Total
Score
Weight
Criteria 1
Criteria 2
Criteria 3
Criteria 4
Criteria 5
Criteria 6
Criteria 7
Criteria 8
Criteria 9
Criteria 10
Total Score
NB. The Score is typically a number from 1 (low feasibility) to 10 (high feasibility) and the
Weight a number from 0.5 (criterion is unimportant) and 1.5 (criterion is very important). The
Total is calculated as Score * Weight.
6 Feasibility Result
Based on the Total Score result, identify the option which has achieved the highest total
score and is therefore the Most Feasible option for implementation. Summarise the key
reasons why this option is most likely to meet the identified business requirements.
7 Appendix
7.1 Supporting Documentation
Attach any documentation you believe is relevant to the Feasibility Study, including:
Total